Pick Gemma 4 26B A4B for fast, cheap inference from a sparse moe (3.8b active of 25.2b total) or near-31b-dense quality at a fraction of the compute and memory-bandwidth cost. Pick Mistral Medium 3.5 for strong intelligence-for-size — artificial analysis intelligence index 30, near the top of its price tier or 128b dense open-weight model — self-hostable. On a tight budget at scale, Gemma 4 26B A4B is the value pick.
Gemma 4 26B A4B (Google, US) and Mistral Medium 3.5 (Mistral AI, France) line up two different AI ecosystems against each other — a comparison that is as much about cost philosophy and openness as raw capability. Gemma 4 26B A4B is an Apache-2.0 open MoE with 25.2B total but only 3.8B active parameters, delivering near-31B-dense quality at a fraction of the inference cost. Mistral Medium 3.5 is mistral's efficient 128B open-weight model — a single dense model unifying reasoning and coding that punches above its size on independent tests (AA Index 30). They diverge most on price and context window — each quantified below from the models' real specs.
Key differences
Price: Gemma 4 26B A4B is about 10× cheaper on input ($0.15/$0.6 per 1M tokens vs $1.5/$7.5 per 1M tokens) — a large enough gap that at scale it can be the single biggest line item in the decision.
Context window: 256K vs 256K — within a few percent of each other, so treat this as a tie and test on your own long inputs, since usable recall varies by model.
Recency: Mistral Medium 3.5 is the newer model by about 27 days (released April 29, 2026), usually meaning fresher training data and capabilities.
Ecosystem: this is a US-vs-France matchup — they differ in pricing philosophy, data-residency options, and tooling ecosystems, not only benchmarks.
Specifications
Spec
Gemma 4 26B A4B
Mistral Medium 3.5
Provider
Google (US)
Mistral AI (France)
Released
April 2, 2026
April 29, 2026
Context window
256K (~393 pages)
256K (~384 pages)
Price (in/out)
$0.15/$0.6 per 1M tokens
$1.5/$7.5 per 1M tokens
Open weight?
Yes — self-hostable
Yes — self-hostable
Modalities
text, image, video, code
text, image, code
SWE-Bench Verified
Not published
Not published
MRCR v2 @ 1M
Not published
Not published
Who wins what
Fast, cheap inference from a sparse MoE (3.8B active of 25.2B total): Gemma 4 26B A4B — At $0.15/$0.6 per 1M tokens it undercuts Mistral Medium 3.5 ($1.5/$7.5 per 1M tokens), and that gap compounds at volume.
Near-31B-dense quality at a fraction of the compute and memory-bandwidth cost: Gemma 4 26B A4B — An Apache-2.0 open MoE with 25.2B total but only 3.8B active parameters, delivering near-31B-dense quality at a fraction of the inference cost — and it runs cheaper at $0.15/$0.6 per 1M tokens.
Strong reasoning and coding (88.3% AIME 2026 no-tools, 77.1% LiveCodeBench v6): Gemma 4 26B A4B — Gemma 4 26B A4B lists strong reasoning and coding (88.3% AIME 2026 no-tools, 77.1% LiveCodeBench v6) among its strengths; Mistral Medium 3.5 does not.
Strong intelligence-for-size — Artificial Analysis Intelligence Index 30, near the top of its price tier: Mistral Medium 3.5 — Mistral's efficient 128B open-weight model — a single dense model unifying reasoning and coding that punches above its size on independent tests (AA Index 30) — and it is the newer of the two.
128B dense open-weight model — self-hostable: Mistral Medium 3.5 — Mistral Medium 3.5 lists 128B dense open-weight model — self-hostable among its strengths; Gemma 4 26B A4B does not.
Unifies reasoning and coding into one model with an adjustable reasoning effort: Mistral Medium 3.5 — Mistral Medium 3.5 lists unifies reasoning and coding into one model with an adjustable reasoning effort among its strengths; Gemma 4 26B A4B does not.
Lowest cost at scale: Gemma 4 26B A4B — At $0.15/$0.6 per 1M tokens, it is the cheaper of the two — the gap dominates the bill on high-volume workloads.
Which should you pick?
A cost-sensitive startup shipping high volume: Gemma 4 26B A4B — At $0.15/$0.6 per 1M tokens it undercuts Mistral Medium 3.5, and on millions of tokens that margin decides the monthly bill.
Someone analysing very long documents or codebases: Gemma 4 26B A4B — Larger 256K window fits more in one prompt.
Anyone whose priority is fast, cheap inference from a sparse moe (3.8b active of 25.2b total): Gemma 4 26B A4B — It is specifically built for that.
Anyone whose priority is strong intelligence-for-size — artificial analysis intelligence index 30, near the top of its price tier: Mistral Medium 3.5 — That is its strongest area.
An enterprise with regional data-residency rules: Gemma 4 26B A4B or Mistral Medium 3.5 — Origin (US vs France) affects where data is processed and which compliance regime applies — check the provider's terms for your region.
Gemma 4 26B A4B: where it fits
An Apache-2.0 open MoE with 25.2B total but only 3.8B active parameters, delivering near-31B-dense quality at a fraction of the inference cost. Released April 2, 2026 by Google, it is built for fast, cheap inference from a sparse MoE (3.8B active of 25.2B total), near-31B-dense quality at a fraction of the compute and memory-bandwidth cost, strong reasoning and coding (88.3% AIME 2026 no-tools, 77.1% LiveCodeBench v6), and multimodal input (text/image, plus video processed as frames up to 60s) with native function calling.
Its trade-offs are real: all 25.2B parameters must be loaded into memory even though only 3.8B are active per token, and 256K context trails 1M-token frontier rivals, and this variant has no audio input (audio is E2B/E4B/12B only). At $0.15 in / $0.6 out per million tokens, it sits in the budget price band.
Mistral Medium 3.5: where it fits
Mistral's efficient 128B open-weight model — a single dense model unifying reasoning and coding that punches above its size on independent tests (AA Index 30). Released April 29, 2026 by Mistral AI, it is built for strong intelligence-for-size — Artificial Analysis Intelligence Index 30, near the top of its price tier, 128B dense open-weight model — self-hostable, unifies reasoning and coding into one model with an adjustable reasoning effort, and 256K context with text and image input.
Its trade-offs: below the absolute frontier — a value/efficiency pick, not a flagship-beater, output pricing ($7.50/M) is higher than the cheapest Chinese rivals, license framing ('open' vs enterprise) varies across sources — confirm terms for commercial use, and no native video or audio. At $1.5 in / $7.5 out per million tokens, it sits in the mid price band.
The bottom line for this matchup
This is less "which is smarter" and more "which ecosystem fits." Gemma 4 26B A4B (US) and Mistral Medium 3.5 (France) differ on pricing philosophy, data-residency, and tooling as much as on raw scores. Gemma 4 26B A4B is the cheaper option, which matters at volume. The pragmatic move is to run one real task through both and judge the outputs against your own constraints — including where your data is allowed to be processed.
Frequently asked questions
Is Gemma 4 26B A4B or Mistral Medium 3.5 better for coding?
Public SWE-Bench figures are not available for either model, so the honest test is your own repository — run an identical real bug through both. By design, Gemma 4 26B A4B leans toward fast, cheap inference from a sparse moe (3.8b active of 25.2b total) while Mistral Medium 3.5 leans toward strong intelligence-for-size — artificial analysis intelligence index 30, near the top of its price tier, and that positioning usually predicts which feels better on your codebase.
Which is cheaper, Gemma 4 26B A4B or Mistral Medium 3.5?
Gemma 4 26B A4B is cheaper — $0.15/$0.6 per 1M tokens vs $1.5/$7.5 per 1M tokens, roughly 10× apart on input.
Which has the bigger context window?
Effectively neither — 256K vs 256K is a difference of a few percent. Remember advertised ≠ usable: recall typically degrades before the ceiling.
Can I use both Gemma 4 26B A4B and Mistral Medium 3.5 together?
Yes — a multi-model platform like LumiChats gives you Gemma 4 26B A4B, Mistral Medium 3.5 and 40+ others under one ₹69/day pass (about $1/day), so you can draft with one and cross-check with the other instead of buying two subscriptions.
Which is newer, Gemma 4 26B A4B or Mistral Medium 3.5?
Mistral Medium 3.5 — released April 29, 2026, about 27 days after Gemma 4 26B A4B.
Gemma 4 26B A4B vs Mistral Medium 3.5
Google · US | Mistral AI · France · Updated June 2026
Quick verdict
Pick Gemma 4 26B A4B for fast, cheap inference from a sparse moe (3.8b active of 25.2b total) or near-31b-dense quality at a fraction of the compute and memory-bandwidth cost. Pick Mistral Medium 3.5 for strong intelligence-for-size — artificial analysis intelligence index 30, near the top of its price tier or 128b dense open-weight model — self-hostable. On a tight budget at scale, Gemma 4 26B A4B is the value pick.
Gemma 4 26B A4B (Google, US) and Mistral Medium 3.5 (Mistral AI, France) line up two different AI ecosystems against each other — a comparison that is as much about cost philosophy and openness as raw capability. Gemma 4 26B A4B is an Apache-2.0 open MoE with 25.2B total but only 3.8B active parameters, delivering near-31B-dense quality at a fraction of the inference cost. Mistral Medium 3.5 is mistral's efficient 128B open-weight model — a single dense model unifying reasoning and coding that punches above its size on independent tests (AA Index 30). They diverge most on price and context window — each quantified below from the models' real specs.
Key differences at a glance
▸Price: Gemma 4 26B A4B is about 10× cheaper on input ($0.15/$0.6 per 1M tokens vs $1.5/$7.5 per 1M tokens) — a large enough gap that at scale it can be the single biggest line item in the decision.
▸Context window: 256K vs 256K — within a few percent of each other, so treat this as a tie and test on your own long inputs, since usable recall varies by model.
▸Recency: Mistral Medium 3.5 is the newer model by about 27 days (released April 29, 2026), usually meaning fresher training data and capabilities.
▸Ecosystem: this is a US-vs-France matchup — they differ in pricing philosophy, data-residency options, and tooling ecosystems, not only benchmarks.
Side-by-side specs
Spec
Gemma 4 26B A4B
Mistral Medium 3.5
Provider
Google (US)
Mistral AI (France)
Released
April 2, 2026
April 29, 2026
Context window
256K (~393 pages)
256K (~384 pages)
Price (in/out)
$0.15/$0.6 per 1M tokens
$1.5/$7.5 per 1M tokens
Open weight?
Yes — self-hostable
Yes — self-hostable
Modalities
text, image, video, code
text, image, code
SWE-Bench Verified
Not published
Not published
MRCR v2 @ 1M
Not published
Not published
Who wins what
Fast, cheap inference from a sparse MoE (3.8B active of 25.2B total)
Gemma 4 26B A4B
At $0.15/$0.6 per 1M tokens it undercuts Mistral Medium 3.5 ($1.5/$7.5 per 1M tokens), and that gap compounds at volume.
Near-31B-dense quality at a fraction of the compute and memory-bandwidth cost
Gemma 4 26B A4B
An Apache-2.0 open MoE with 25.2B total but only 3.8B active parameters, delivering near-31B-dense quality at a fraction of the inference cost — and it runs cheaper at $0.15/$0.6 per 1M tokens.
Gemma 4 26B A4B lists strong reasoning and coding (88.3% AIME 2026 no-tools, 77.1% LiveCodeBench v6) among its strengths; Mistral Medium 3.5 does not.
Strong intelligence-for-size — Artificial Analysis Intelligence Index 30, near the top of its price tier
Mistral Medium 3.5
Mistral's efficient 128B open-weight model — a single dense model unifying reasoning and coding that punches above its size on independent tests (AA Index 30) — and it is the newer of the two.
128B dense open-weight model — self-hostable
Mistral Medium 3.5
Mistral Medium 3.5 lists 128B dense open-weight model — self-hostable among its strengths; Gemma 4 26B A4B does not.
Unifies reasoning and coding into one model with an adjustable reasoning effort
Mistral Medium 3.5
Mistral Medium 3.5 lists unifies reasoning and coding into one model with an adjustable reasoning effort among its strengths; Gemma 4 26B A4B does not.
Lowest cost at scale
Gemma 4 26B A4B
At $0.15/$0.6 per 1M tokens, it is the cheaper of the two — the gap dominates the bill on high-volume workloads.
Which should you pick?
A cost-sensitive startup shipping high volume
→ Gemma 4 26B A4B
At $0.15/$0.6 per 1M tokens it undercuts Mistral Medium 3.5, and on millions of tokens that margin decides the monthly bill.
Someone analysing very long documents or codebases
→ Gemma 4 26B A4B
Larger 256K window fits more in one prompt.
Anyone whose priority is fast, cheap inference from a sparse moe (3.8b active of 25.2b total)
→ Gemma 4 26B A4B
It is specifically built for that.
Anyone whose priority is strong intelligence-for-size — artificial analysis intelligence index 30, near the top of its price tier
→ Mistral Medium 3.5
That is its strongest area.
An enterprise with regional data-residency rules
→ Gemma 4 26B A4B or Mistral Medium 3.5
Origin (US vs France) affects where data is processed and which compliance regime applies — check the provider's terms for your region.
Gemma 4 26B A4B: where it fits
An Apache-2.0 open MoE with 25.2B total but only 3.8B active parameters, delivering near-31B-dense quality at a fraction of the inference cost. Released April 2, 2026 by Google, it is built for fast, cheap inference from a sparse MoE (3.8B active of 25.2B total), near-31B-dense quality at a fraction of the compute and memory-bandwidth cost, strong reasoning and coding (88.3% AIME 2026 no-tools, 77.1% LiveCodeBench v6), and multimodal input (text/image, plus video processed as frames up to 60s) with native function calling.
Its trade-offs are real: all 25.2B parameters must be loaded into memory even though only 3.8B are active per token, and 256K context trails 1M-token frontier rivals, and this variant has no audio input (audio is E2B/E4B/12B only). At $0.15 in / $0.6 out per million tokens, it sits in the budget price band.
Mistral Medium 3.5: where it fits
Mistral's efficient 128B open-weight model — a single dense model unifying reasoning and coding that punches above its size on independent tests (AA Index 30). Released April 29, 2026 by Mistral AI, it is built for strong intelligence-for-size — Artificial Analysis Intelligence Index 30, near the top of its price tier, 128B dense open-weight model — self-hostable, unifies reasoning and coding into one model with an adjustable reasoning effort, and 256K context with text and image input.
Its trade-offs: below the absolute frontier — a value/efficiency pick, not a flagship-beater, output pricing ($7.50/M) is higher than the cheapest Chinese rivals, license framing ('open' vs enterprise) varies across sources — confirm terms for commercial use, and no native video or audio. At $1.5 in / $7.5 out per million tokens, it sits in the mid price band.
The bottom line for this matchup
This is less "which is smarter" and more "which ecosystem fits." Gemma 4 26B A4B (US) and Mistral Medium 3.5 (France) differ on pricing philosophy, data-residency, and tooling as much as on raw scores. Gemma 4 26B A4B is the cheaper option, which matters at volume. The pragmatic move is to run one real task through both and judge the outputs against your own constraints — including where your data is allowed to be processed.
Want both Gemma 4 26B A4B and Mistral Medium 3.5 without two subscriptions? LumiChats gives you these plus 40+ models under one ₹69/day pass (about $1/day) — draft with one, cross-check with the other.
Is Gemma 4 26B A4B or Mistral Medium 3.5 better for coding?
Public SWE-Bench figures are not available for either model, so the honest test is your own repository — run an identical real bug through both. By design, Gemma 4 26B A4B leans toward fast, cheap inference from a sparse moe (3.8b active of 25.2b total) while Mistral Medium 3.5 leans toward strong intelligence-for-size — artificial analysis intelligence index 30, near the top of its price tier, and that positioning usually predicts which feels better on your codebase.
Which is cheaper, Gemma 4 26B A4B or Mistral Medium 3.5?
Gemma 4 26B A4B is cheaper — $0.15/$0.6 per 1M tokens vs $1.5/$7.5 per 1M tokens, roughly 10× apart on input.
Which has the bigger context window?
Effectively neither — 256K vs 256K is a difference of a few percent. Remember advertised ≠ usable: recall typically degrades before the ceiling.
Can I use both Gemma 4 26B A4B and Mistral Medium 3.5 together?
Yes — a multi-model platform like LumiChats gives you Gemma 4 26B A4B, Mistral Medium 3.5 and 40+ others under one ₹69/day pass (about $1/day), so you can draft with one and cross-check with the other instead of buying two subscriptions.
Which is newer, Gemma 4 26B A4B or Mistral Medium 3.5?
Mistral Medium 3.5 — released April 29, 2026, about 27 days after Gemma 4 26B A4B.
Specifications and benchmarks reflect publicly reported figures as of June 2026 and may change as providers release updates. Always verify on your own workload.